1. New Innovation Center should heighten Port San Antonio’s tech profile (BD+C)
"That campus is home to over 80 public- and private-sector employers, and supports more than 14,000 direct jobs in the fields of aerospace, defense, cybersecurity, robotics, and advanced manufacturing."
2. Follow up survey of U.S. code officials demonstrates importance of continued investment in virtual capabilities (ICC)
"From August 11 through September 3, 2020, more than 800 respondents from all 50 U.S. states and the District of Columbia provided input. Respondents came from states as well as and local jurisdictions that range in size from 700 people to 4 million."
3. Four projects receive 2020 AIA/ALA Library Building Award (AIA)
"2020 AIA/ALA Library Building Award recipients must demonstrate design achievement, including a sense of place, purpose, ecology, environmental sustainability, and of history."
4. Infection control measures for airport terminals (BD+C)
"The airport “experience” of hurry up and wait leaves passengers often standing virtually on top of their fellow travelers in processing, security, and boarding queues, or at baggage carousels on their way out. And unless a person is sweating profusely or coughing violently, there’s no way to know by sight the physical condition of the person next to you."
5. Airbnb’s quick pivot to rural and suburban rentals helping it proceed with its IPO (National Real Estate Investor)
"The vacation rental site’s flexibility when it comes to its property portfolio helped it rebound much quicker than traditional hotels."
6. Rent payment tracker finds 76.4 percent of apartment households paid rent as of September 6 (National Multifamily Housing Council)
"The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.4 percent of apartment households made a full or partial rent payment by September 6 in its survey of 11.4 million units of professionally managed apartment units across the country. This is a 4.8-percentage point, or 552,796-household decrease from the share who paid rent through September 6, 2019 and compares to 79.3 percent that had paid by August 6, 2020. These data encompass a wide variety of market-rate rental properties across the United States, which can vary by size, type and average rental price."
Related Stories
Market Data | Jul 5, 2023
Nonresidential construction spending decreased in May, its first drop in nearly a year
National nonresidential construction spending decreased 0.2% in May, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.06 trillion.
Apartments | Jun 27, 2023
Average U.S. apartment rent reached all-time high in May, at $1,716
Multifamily rents continued to increase through the first half of 2023, despite challenges for the sector and continuing economic uncertainty. But job growth has remained robust and new households keep forming, creating apartment demand and ongoing rent growth. The average U.S. apartment rent reached an all-time high of $1,716 in May.
Industry Research | Jun 15, 2023
Exurbs and emerging suburbs having fastest population growth, says Cushman & Wakefield
Recently released county and metro-level population growth data by the U.S. Census Bureau shows that the fastest growing areas are found in exurbs and emerging suburbs.
Contractors | Jun 13, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of May 2023
Associated Builders and Contractors reported that its Construction Backlog Indicator remained unchanged at 8.9 months in May, according to an ABC member survey conducted May 20 to June 7. The reading is 0.1 months lower than in May 2022. Backlog in the infrastructure category ticked up again and has now returned to May 2022 levels. On a regional basis, backlog increased in every region but the Northeast.
Industry Research | Jun 13, 2023
Two new surveys track how the construction industry, in the U.S. and globally, is navigating market disruption and volatility
The surveys, conducted by XYZ Reality and KPMG International, found greater willingness to embrace technology, workplace diversity, and ESG precepts.
| Jun 5, 2023
Communication is the key to AEC firms’ mental health programs and training
The core of recent awareness efforts—and their greatest challenge—is getting workers to come forward and share stories.
Contractors | May 24, 2023
The average U.S. contractor has 8.9 months worth of construction work in the pipeline, as of April 2023
Contractor backlogs climbed slightly in April, from a seven-month low the previous month, according to Associated Builders and Contractors.
Multifamily Housing | May 23, 2023
One out of three office buildings in largest U.S. cities are suitable for residential conversion
Roughly one in three office buildings in the largest U.S. cities are well suited to be converted to multifamily residential properties, according to a study by global real estate firm Avison Young. Some 6,206 buildings across 10 U.S. cities present viable opportunities for conversion to residential use.
Industry Research | May 22, 2023
2023 High Growth Study shares tips for finding success in uncertain times
Lee Frederiksen, Managing Partner, Hinge, reveals key takeaways from the firm's recent High Growth study.
Multifamily Housing | May 8, 2023
The average multifamily rent was $1,709 in April 2023, up for the second straight month
Despite economic headwinds, the multifamily housing market continues to demonstrate resilience, according to a new Yardi Matrix report.
